Lessons from financing green industrial policy under financial constraints in India

Mathias Larsen

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

Abstract: This policy brief sets out India’s approach to financing green industrial policy, and particularly the expansion of solar power, in the context of limited fiscal resources and India’s 2070 net zero goal. The brief describes the success of state-organised financing policies for solar power and lessons that can be applied to other emerging markets and developing economies (EMDEs).

Keywords: EMDEs; India; industrial policy; solar power; state owned enterprise (search for similar items in EconPapers)
JEL-codes: E6 J01 R14 (search for similar items in EconPapers)
Pages: 8 pages
Date: 2026-01-26
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